Adar Poonawalla is the CEO of the world’s largest vaccine manufacturer, in the ongoing COVID-19 pandemic he left India for London after received threats demanding COVID-19 vaccines, previously the Government of India has provided Poonawalla with ‘Y’ category security. Poonawalla claimed that he left India after increasingly intense pressure from pro-government voices and opposition politicians, after a sudden increase in COVID-19 cases in India many demanded to increase the supply of Covid-19 vaccines and to cut the cost, also some labeled him a “profiteer” for delays in supplying vaccines. In an interview with The Times of London, Adar Poonawalla said he received a call from the most powerful men in India, said “Threats is an understatement,” and in the interview with the same publication, he said “I’m staying here an extended time, because I don’t want to go back to that situation,” and continued “Everything falls on my shoulders, but I can’t do it alone.”
What is Adar Poonawalla Net Worth?
Adar Poonawalla Net Worth
$10 Billion to $13 Billion USD
Adar Poonawalla was born to Cyrus S. Poonawalla (Father) and Villoo Poonawalla (Mother), his mother passed away in 2010. Adar Poonawalla is the CEO of Serum Institute of India, an Indian biotechnology and pharmaceuticals company, also the world’s largest vaccine manufacturer. The company was founded by his father Dr. Cyrus Poonawalla in 1996 and is located in Pune, Maharashtra, India. Adar graduating from the University of Westminster in London he joined his father’s company Serum Institute of India, previously he studied at The Bishop’s School (Pune) and at the St Edmund’s School Canterbury. Adar Poonawalla’s role was to get new products licensed by WHO and to supply to UNICEF and PAHO. Furthermore, Adar Poonawalla became the CEO of Serum Institute of India in 2011, and then purchased Netherlands-based government vaccine manufacturing company “Bilthoven Biologicals.” In the same year, Adar in memory of his late mother Mrs. Villoo Poonawalla founded the Villoo Poonawalla Foundation.
In 2014, Adar launched Serum Institute’s Oral Polio Vaccine which brought huge revenue to the company, and to date, it’s considered to be a bestseller for the company. Later that year, he expanded the product to include Flu, Dengue, and Cervical cancer. Adar Poonawalla is listed as one of the 50 most influential young Indians by the GQ Magazine and also he’s known for his philanthropist work.
The Net Worth of Adar Poonawalla is around $10 Billion to $13 Billion USD.
(Image Source: Quartz, NYTimes)
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